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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Buy THIS stock before Taiwan is attacked (Ad)
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
Buy THIS stock before Taiwan is attacked (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
Buy THIS stock before Taiwan is attacked (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Buy THIS stock before Taiwan is attacked (Ad)
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
Buy THIS stock before Taiwan is attacked (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
Buy THIS stock before Taiwan is attacked (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Buy THIS stock before Taiwan is attacked (Ad)
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
Buy THIS stock before Taiwan is attacked (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
Buy THIS stock before Taiwan is attacked (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
NASDAQ:PRGS

Progress Software - PRGS Competitors

$57.74
+0.87 (+1.53%)
(As of 03/24/2023 12:00 AM ET)
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Compare
Today's Range
$56.60
$57.78
50-Day Range
$51.41
$58.86
52-Week Range
$40.33
$59.36
Volume
284,135 shs
Average Volume
358,138 shs
Market Capitalization
$2.50 billion
P/E Ratio
26.73
Dividend Yield
1.21%
Price Target
$53.75

PRGS vs. AI, CVLT, QLYS, SVFCX, DCT, NCNO, INTA, RPD, VERX, and ACIW

Should you be buying Progress Software stock or one of its competitors? The main competitors of Progress Software include C3.ai (AI), Commvault Systems (CVLT), Qualys (QLYS), Smead Value Fund (SVFCX), Duck Creek Technologies (DCT), nCino (NCNO), Intapp (INTA), Rapid7 (RPD), Vertex (VERX), and ACI Worldwide (ACIW). These companies are all part of the "computer and technology" sector.

Progress Software vs.

Progress Software (NASDAQ:PRGS) and C3.ai (NYSE:AI) are both mid-cap computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their community ranking, dividends, valuation, analyst recommendations, profitability, risk, media sentiment, earnings and institutional ownership.

Progress Software has a net margin of 15.79% compared to C3.ai's net margin of -98.35%. Progress Software's return on equity of 41.04% beat C3.ai's return on equity.

Company Net Margins Return on Equity Return on Assets
Progress Software 15.79% 41.04% 11.31%
C3.ai -98.35% -27.12% -23.30%

42.0% of C3.ai shares are owned by institutional investors. 3.2% of Progress Software shares are owned by company insiders. Comparatively, 38.1% of C3.ai shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Progress Software has a beta of 0.99, indicating that its stock price is 1% less volatile than the S&P 500. Comparatively, C3.ai has a beta of 1.4, indicating that its stock price is 40% more volatile than the S&P 500.

Progress Software has higher revenue and earnings than C3.ai. C3.ai is trading at a lower price-to-earnings ratio than Progress Software, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Progress Software$602.01 million4.16$95.07 million$2.1626.73
C3.ai$252.76 million11.22-$192.07 million-$2.42-10.44

In the previous week, Progress Software had 4 more articles in the media than C3.ai. MarketBeat recorded 11 mentions for Progress Software and 7 mentions for C3.ai. Progress Software's average media sentiment score of 0.87 beat C3.ai's score of 0.16 indicating that Progress Software is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Progress Software
5 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
C3.ai
1 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Progress Software received 57 more outperform votes than C3.ai when rated by MarketBeat users. Likewise, 64.01% of users gave Progress Software an outperform vote while only 52.93% of users gave C3.ai an outperform vote.

CompanyUnderperformOutperform
Progress SoftwareOutperform Votes
418
64.01%
Underperform Votes
235
35.99%
C3.aiOutperform Votes
361
52.93%
Underperform Votes
321
47.07%

Progress Software currently has a consensus price target of $53.75, suggesting a potential downside of 6.91%. C3.ai has a consensus price target of $20.45, suggesting a potential downside of 19.06%. Given Progress Software's stronger consensus rating and higher possible upside, equities analysts plainly believe Progress Software is more favorable than C3.ai.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Progress Software
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60
C3.ai
2 Sell rating(s)
7 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.00

Summary

Progress Software beats C3.ai on 14 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PRGS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PRGS vs. The Competition

MetricProgress SoftwarePrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$2.50B$15.64B$13.68B$5.88B
Dividend Yield1.24%1.99%4.32%4.48%
P/E Ratio26.7332.09294.8412.29
Price / Sales4.167.42873.4456.06
Price / Cash10.5858.4825.07105.19
Price / Book6.2310.708.504.94
Net Income$95.07M$280.36M$536.52M$190.72M
7 Day Performance0.30%1.93%1.15%0.68%
1 Month Performance1.17%-4.20%-3.41%-6.00%
1 Year Performance29.99%-27.25%-13.03%-18.28%

Progress Software Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AI
C3.ai
1.7554 of 5 stars
$22.75
-2.3%
$20.45
-10.1%
+7.6%$2.55B$252.76M-9.40574Options Volume
Gap Up
CVLT
Commvault Systems
2.7223 of 5 stars
$54.76
-2.2%
$70.20
+28.2%
-16.5%$2.44B$787.06M161.062,848News Coverage
Positive News
QLYS
Qualys
2.483 of 5 stars
$120.18
-2.6%
$143.20
+19.2%
-12.4%$4.45B$489.72M43.541,062Insider Selling
SVFCX
Smead Value Fund
0 of 5 stars
$62.88
+1.7%
$15.50
-75.3%
N/A$2.58BN/A0.002
DCT
Duck Creek Technologies
1.9805 of 5 stars
$18.97
-0.1%
$16.78
-11.6%
-14.6%$2.60B$302.92M-172.452,039Upcoming Earnings
NCNO
nCino
2.0262 of 5 stars
$22.35
-4.9%
$35.55
+59.0%
-52.0%$2.48B$273.86M-27.591,115Upcoming Earnings
Analyst Report
INTA
Intapp
1.961 of 5 stars
$41.34
+0.5%
$35.83
-13.3%
+94.3%$2.64B$272.07M-28.51749News Coverage
RPD
Rapid7
2.4806 of 5 stars
$39.63
-4.8%
$61.89
+56.2%
-63.6%$2.38B$685.08M-18.522,623
VERX
Vertex
2.418 of 5 stars
$18.04
-0.9%
$20.11
+11.5%
+28.0%$2.72B$491.62M-200.441,400Insider Selling
ACIW
ACI Worldwide
2.4753 of 5 stars
$25.57
-2.4%
$32.67
+27.8%
-22.6%$2.76B$1.42B20.293,349
This page (NASDAQ:PRGS) was last updated on 3/25/2023 by MarketBeat.com Staff